Since i am from india if i want to do affiliate marketing do i need an export import code?
hi there my CA is saying that i need impor export code for affiliate marketing coz i am exporting my services is that right also i am confused regarding that clickbank will be sending me cheques without any proof that i am there agent so my bank people are saying that if i recieve any money in another currency regularly i have to take impor export code and apart from that i have to prove that i am doing a legit busiess is it like that or they are not aware i am from udaipur (raj) people look so amazed here when i tell them about affiliate marketing online plz help.
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Andy, information is not an import/export item, it's just words that go from computer to computer and can be printed out and given away or stored.
It sounds like you are dealing with ignorance and that is the hardest of all mental states to deal with because that will take education and that is something you won't have.
See what the people at the Indian Bank in Chicago can do to help you with the money deal. They deal with Indians all over America and I'm sure they can help you with your local bank, if you ask them right.
Another thing, Click Bank is not the best way to handle the money angle, PayPal will do better if you can use it with the affiliate company you're with.
There are Affiliate marketers all over the world and over 2000 Affiliate companies in America alone, and unless you are importing or exporting physical products there should never be an import or export duty or tax that applies.
You have an unique problem and it's called Ignorance. You live among people who just don't know.
Try the Indian Bank in Chicago and see how they can help and if that doesn't work maybe you can open an account there and have them send you Rupees instead of dollars, that you won't have any problem spending in udaipur.
If you need more help contact me at youredge@yahoo.com. There's always somthing you can do and I know a large Indian family in our area that are deeply involved in service businesses of one kind or another and who may be able to help and I know of other network marketing businesses that you may want to explore before you get too imvolved in the one you know of now.
John
P.S. Just to clarify matters, you are not an agent of anyone, but you are an Independant Contractor and any money you make will be earned as a fee for selling online services and information, not goods of any kind. Just services and information.
If you will be expected to sell goods online then you may be creating a problem for yourself at home.
You will be selling Information and Services for an American Company on the Internet with customers all over the world. See what your bank says to that.
You can never be an Agent for any American MLM or Network Marketing Company, they only hire Independant Contractors, Independant Business people that are totally responsible for themselves and their own expenses and taxes ONLY! Never an agent.
If you told your bank you were to be an Agent, that could be the problem here. jdm
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